Navi Mumbai real estate: The real estate company intends developing a 221-key hotel on 9 acres, and a sports club and gymkhana on 10.5 acres. The company plans to have 15 to 20 percent of revenue from annuity business in the next three to five years.
India Business News: The Mumbai Trans Harbour Link (MTHL), also known as 'Atal Setu', is set to become the longest sea bridge in India. The improved connectivity and infra
Prime minister Narendra Modi will be inaugurating the 21.8-km-long MTHL on Friday and this bridge is estimated to cater to around 70,000 vehicles daily, connecting Sewri in central Mumbai to Chirle at Navi Mumbai.
Panvel real estate: With Prime Minister Narendra Modi to open Mumbai Trans Harbour Link (MTHL) on January 12, and later in the coming months a number of infrastructure projects coming up, developers from Panvel and surrounding areas expect property rates to match those in several suburban micro-markets in Mumbai.
Mumbai real estate update: Rustomjee Group believes areas near big infrastructure projects will garner a great amount of future cash flow. KRL is planning launches with a revenue potential of Rs 4,000 crore in the ongoing fiscal. It is in talks with landowners for joint ventures and joint development projects.